3771 Highland Rd Waterford, MI 48328-2328
This exceptional 1.21-acre commercial property, located at 3771 Highland Road in Waterford Township, Michigan, presents a compelling redevelopment opportunity. Currently zoned B-1, the site boasts a 2,800 square foot building and significant road frontage—253 feet along the highly trafficked M-59 (Highland Road). The property's strategic location offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The asking price is $375,000. The existing building provides a solid foundation for immediate use or potential renovation, while the ample land allows for significant expansion or new construction. This versatile property is perfect for entrepreneurs seeking a prime location to establish or expand their business. The 48328 zip code offers a strong demographic profile and convenient access to major transportation routes. This is a rare opportunity to acquire a substantial commercial parcel in a thriving Michigan community. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is a single-tenancy site.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Waterford, MICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.